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Swiss Inflation Accelerates to Fastest Pace Since September 2024
Consumer prices in Switzerland rose 0.8% annually in August, exceeding analyst forecasts and reflecting the economic impact of a weaker national franc.
3 Sept, 04:32 — 3 Sept, 08:11
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swissinfoHigh2h ago
Swiss inflation rate jumps to highest level in two years
Swiss inflation accelerated far more than analysts anticipated to the fastest pace since September 2024, suggesting a weaker franc is feeding through to the economy. Consumer prices rose 0.8% in August from a year earlier, up from 0.4% in July, the Federal Statistical Office said on Thursday. The result was higher than every single forecast of 16 economists in a Bloomberg survey. The reading is the last that Swiss National Bank (SNB) officials will see before their interest-rate decision late...
By swissinfo.ch
Read full article →gulf-newsMixed5h ago
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Read full article →Coverage Timeline
First report: gulf-news · 3 Sept, 04:32|Full coverage: 2 · 4h|Window: 4h
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